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Shares of Fair Isaac Corp., the company behind the FICO credit score, sank nearly 9% Tuesday after a federal agency ...
Fannie Mae and Freddie Mac will accept a credit scoring model for mortgage applications that captures rent and utility ...
You want that new computer, but your bank account says, “Try again next month.” So, you click “Pay in 4,” and boom, problem ...
If buy now, pay later firms know when consumers borrow heavily or fail to make repayments, providers may be reluctant to ...
Director William J. Pulte’s announcement yesterday that mortgage lenders who sell loans to Fannie Mae and Freddie Mac can, ...
Black Enterprise on MSN1h
Fannie Mae And Freddie Mac Will Now Consider Rent History When Assessing CreditFreddie Mae and Fannie Mac are now allowed to calculate rent history in the algorithm for determining credit history loan ...
FHFA Director William Pulte said that lenders may now use VantageScore 4.0, an alternative to the FICO score, while assessing ...
ET - The Federal Housing and Finance Agency decision allowing mortgage lenders to look at another credit score measure besides Fair Isaac Corp.'s FICO scores when assessing applicants is unlikely to ...
Fair Isaac shares retreated following Freddie Mac and Fannie Mae's decision to accept another measure when assessing mortgage borrowers, adding competition to the company's FICO credit score model.
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